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Updated about 10 years ago on . Most recent reply

Matt Ellis's profile image
Matt Ellis's profile image
Matt Ellis
  • from Sumter, South Carolina
  • Member since Feb 16, 2013
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105
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10
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Matt Ellis's profile image
Matt Ellis's profile image
Matt Ellis
  • from Sumter, South Carolina
  • Member since Feb 16, 2013
Connect
Matt Ellis
  • Sumter, SC
10
Votes |
105
Posts
Real Estate Deal Analysis & Advice

Not Sure what to do

Matt Ellis
  • Sumter, SC
Posted

I have a property that is in a good neighborhood but its very outdated that I am looking at. It needs about 20 to 25k in repairs and updating. It has a ARV for about 150K but it has a pool ( and we are in a drought) and a few of the buyers I had look at it does not want to touch it. I am hesitant to put it under contract because I don't know if I cand find a buyer unless I get it VERY low.

How should i approach this?

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